Contents

History

Investopedia was founded by Cory Wagner and Cory Janssen in Edmonton, Alberta at the height of the dot-com era in 1999. Wagner focused on business development and R&D, and Janssen focused on marketing and sales. Investopedia drew about 2,500,000 monthly users and provided a popular financial dictionary with over 5,300 terms drawn from personal finance, banking and accounting. It also provided thousands of in-depth articles by financial experts and a Stock Simulator.[3]

In 2007, Forbes Media acquired Investopedia.com for an undisclosed amount.[4]

In 2010, Forbes sold Investopedia to ValueClick Inc. for $42 Million.[5]

In 2013, IAC/InterActive Corp acquired Investopedia.com as part of a group of internet properties from ValueClick Inc for $80 Million.[6]

Since 2013, IAC has backed Investopedia’s growth and supported its investment into video and timely news production. CEO David Siegel has led the publication to a 40% year-over-year revenue growth and 17% gain in traffic.

Joey Levin, the CEO of IAC said that Investopedia was “the business we wanted.”[7]